Bank of England Governor Andrew Bailey has been warned not to increase interest rates despite “disappointing” data revealing inflation failed to fall in September in line with expectations. Julian Jessop, Economics Fellow at the free market think tank, the Institute of Economic
Home Secretary Suella Braverman reportedly plans to increase the salary requirements for immigrants looking to resettle in the United Kingdom. According to the Daily Mail, those looking to move to the UK now have to earn £26,200, which is 20% lower than
The Bank of England faces a knife-edge decision on whether interest rates will be raised again. The announcement will be made at midday on Thursday, with investors split over whether rates will increase following an unexpected fall in inflation. Only half of
Two RAF heroes have walked 164 miles to Downing Street with a petition demanding free prescriptions for patients with rare genetic diseases. Squadron Leader Nick Smith, 39, whose two-year-old daughter Charlotte has cystic fibrosis, set out from Wolverhampton to completed the five-day
Rishi Sunak has said global leaders must make it clear that Vladimir Putin has further increased Russia’s global isolation, after the warmongering leader withdrew from the Black Sea Grain Initiative. The PM will tell fellow leaders at the G20 in India they
Colombians protested by the thousands in cars and on motorbikes to express anger over a recent gasoline price hike by President Gustavo Petro’s government. The protest comes amid growing discontentment with the left-wing Petro administration. The price of gasoline in Colombia has
A mum-of-two who was an experienced mountaineer has died after falling 500 feet off a cliff in the Alps. Giulia Pozzebon was hiking with a friend on Monte Limidario, on the Italian-Swiss border when bad weather struck the pair at a high
Three hillwalkers have been found dead in Glencoe after they failed to return from a hike in the Scottish Highlands. We’ll be bringing you the very latest updates, pictures and video on this breaking news story. For the latest news and breaking
The Bank of England is “walking a tightrope” and may tip Britain into recession thanks to its interest rate rises, an investment expert has said. Threadneedle Street today (August 3) decided to increase its base rate from 5 percent to 5.25 per
The Bank of Canada discussed delaying a hike to its key overnight rate at the last meeting before deciding on a raise to ensure progress in dampening inflation did not stall, according to minutes published on Wednesday. The bank announced a 25